Development

HFZ Capital’s condo the XI has sold 38 of its 236 units (iStock)

HFZ’s Chelsea condo now effective, with 16% of units sold

HFZ Capital Group has long been quiet about sales at the XI, its High Line-adjacent condominium. But a new...

HFZ’s Chelsea condo now effective, with 16% of units sold
The Arboretum rendering (Credit: BNP Paribas Real Estate via Bisnow)

Europe’s largest timber-frame spec office complex secures funding

The worldwide office market is reeling this year, but a trio of institutional investors are betting big on a...

Europe’s largest timber-frame spec office complex secures funding
A rendering of the Climate Solutions Center with Trust for Governors Island CEO Clare Newman and Mayor de Blasio (Rendering via WXY architecture + urban design/bloomimages; Governor's Island; Getty)

Going green: Governors Island could soon house climate center

Governors Island could become a major hub for the city’s efforts to fight climate change under a proposal for...

Going green: Governors Island could soon house climate center
HFZ Chairman and Founder Ziel Feldman (Credit: Monica Schipper/Getty Images)

Four of HFZ’s condo loans being shopped in foreclosure sale

UPDATED, 10:04 a.m., Sept. 16: Junior mezzanine positions on four of HFZ Capital’s New York condominium projects are being...

Four of HFZ’s condo loans being shopped in foreclosure sale
Douglas Durst and a rendering of the project (Getty, DRWC)

Durst’s $2B Philly waterfront redevelopment project approved

The Durst Organization’s $2.2 billion riverfront redevelopment plan in Philadelphia has beaten out a competing proposal by the Philadelphia...

Durst’s $2B Philly waterfront redevelopment project approved
From left: David Singelyn of Homes 4 Rent, Jacque Petroulakis of NextMetro, and Adam Adler of Global City (Photos via Nexmetro, Global City, Singelyn via Cal Poly Pomona)

Developers bet big on build-for-rent in these uncertain times

Since moving from an apartment building in Allen, Texas to a two-bedroom house in nearby McKinney in April, Joy...

Developers bet big on build-for-rent in these uncertain times
New York City Council member Brad Lander (Getty)

Brad Lander calls for city to use land banks

New York City Council member Brad Lander thinks the city should take over distressed properties in order to prevent...

Brad Lander calls for city to use land banks
Grand ambitions: Related’s LA megaproject hits halfway mark

Grand ambitions: Related’s LA megaproject hits halfway mark

The Related Companies DTLA mixed-use megaproject has hit the halfway mark, even as the pandemic has brought many other...

Grand ambitions: Related’s LA megaproject hits halfway mark
In China, residential developers have used presales to power their construction, but that may not be enough in a Covid world. (Getty)

Presales powered resi development in China. Covid may change that

Presales are everything for residential builders in China, but in a coronavirus world, they may not be enough for...

Presales powered resi development in China. Covid may change that
HFZ Capital chairman Ziel Feldman and the XI sales gallery at 25-27 Little West 12th Street (Photos via Owen Hoffmann/Patrick McMullan via Getty Images; Craig Barritt/Getty Images for XI Gallery)

HFZ extends XI sales gallery lease, ending lawsuit

Ziel Feldman and his firm, HFZ Capital, settled a dispute involving the sales gallery for its XI condominium project...

HFZ extends XI sales gallery lease, ending lawsuit
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